The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.

In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...

President Donald Trump has for months sought interest-rate cuts in spite of tariff-driven inflation, only to be met with ...

Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still ...

Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting ...

The parent company of Bravo! Italian Kitchen and Brio Italian Grille filed for Chapter 11 bankruptcy protection amid ...

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...

Ed Yardeni, Yardeni Research president, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, ...

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying ...